IS 19/01
Issued
28 Feb 2019

Income tax – application of schedular payment rules to non-resident directors' fees

IS 19/01 considers when tax must be withheld from directors’ fees paid to non-residents, and discusses when directors’ fees paid to non-residents are considered to have a New Zealand source. It then considers when and how much tax must be withheld and paid to the Commissioner, if withholding is required. The statement has a related operation position – see 'operational positions' in the left-hand menu.